OMERS ADMINISTRATION Corp Buys Shares of 727,427 eBay Inc. $EBAY

OMERS ADMINISTRATION Corp purchased a new position in shares of eBay Inc. (NASDAQ:EBAY) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 727,427 shares of the e-commerce company’s stock, valued at approximately $81,290,000. OMERS ADMINISTRATION Corp owned approximately 0.16% of eBay as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cedar Mountain Advisors LLC raised its holdings in shares of eBay by 128.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after buying an additional 156 shares during the period. High Point Wealth Management LLC purchased a new position in eBay during the 4th quarter valued at about $26,000. Abound Financial LLC purchased a new position in eBay during the 4th quarter valued at about $26,000. Cassaday & Co Wealth Management LLC acquired a new position in eBay in the 1st quarter valued at about $26,000. Finally, Jessup Wealth Management Inc acquired a new position in eBay in the 4th quarter valued at about $27,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on EBAY. BMO Capital Markets set a $145.00 price target on shares of eBay in a research note on Thursday, August 6th. Piper Sandler reissued an “overweight” rating and issued a $133.00 price objective (up from $115.00) on shares of eBay in a research note on Thursday, August 6th. Barclays lifted their price objective on shares of eBay from $114.00 to $123.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $115.00 target price on shares of eBay in a research note on Monday, August 3rd. Finally, TD Cowen increased their target price on shares of eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $117.24.

eBay Stock Performance

EBAY opened at $104.13 on Monday. The business has a fifty day moving average price of $110.12 and a 200 day moving average price of $102.37. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02. eBay Inc. has a 12 month low of $78.03 and a 12 month high of $119.31. The stock has a market capitalization of $46.34 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 2.51 and a beta of 1.37.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%.eBay’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.37 EPS. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Sell-side analysts expect that eBay Inc. will post 4.87 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay’s dividend payout ratio is presently 25.67%.

Insider Activity at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total transaction of $102,809.46. Following the completion of the transaction, the senior vice president owned 35,546 shares in the company, valued at $3,604,008.94. The trade was a 2.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the sale, the senior vice president directly owned 32,124 shares in the company, valued at approximately $3,485,775.24. This represents a 5.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 37,126 shares of company stock valued at $4,087,886 over the last 90 days. 0.67% of the stock is owned by corporate insiders.

eBay Company Profile

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.